Desjardins Lowers Cogeco Communications (TSE:CCA) Price Target to C$171.00

Cogeco Communications (TSE:CCA) had its price target cut by investment analysts at Desjardins from C$173.00 to C$171.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. Desjardins’ target price would suggest a potential upside of 165.32% from the company’s previous close. Desjardins also issued estimates for Cogeco Communications’ Q1 2026 earnings at $2.18 EPS, Q2 2026 earnings at $2.14 EPS, Q3 2026 earnings at $2.30 EPS and Q4 2026 earnings at $2.27 EPS.

Several other brokerages have also issued reports on CCA. BMO Capital Markets decreased their target price on Cogeco Communications from C$75.00 to C$70.00 in a research report on Friday, October 31st. Scotiabank decreased their target price on Cogeco Communications from C$75.50 to C$74.00 in a research report on Friday, October 31st. CIBC decreased their target price on Cogeco Communications from C$71.00 to C$68.00 in a research report on Friday, October 17th. Royal Bank Of Canada decreased their target price on Cogeco Communications from C$75.00 to C$74.00 in a research report on Thursday, July 17th. Finally, National Bankshares lowered Cogeco Communications from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from C$80.00 to C$69.00 in a research note on Tuesday, August 12th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of C$87.25.

Cogeco Communications Trading Down 2.1%

Shares of Cogeco Communications stock opened at C$64.45 on Monday. Cogeco Communications has a 1 year low of C$59.10 and a 1 year high of C$75.09. The firm has a market cap of C$2.71 billion, a PE ratio of 8.48, a P/E/G ratio of 4.77 and a beta of 0.58. The stock has a fifty day moving average price of C$64.91 and a 200-day moving average price of C$66.26. The company has a debt-to-equity ratio of 159.35, a current ratio of 0.37 and a quick ratio of 0.49.

Cogeco Communications Company Profile

Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides residential and business customers with internet, video, and telephony services with broadband fibre networks. The reportable segments of the company are Canadian broadband services and American broadband services.